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Chat record

Pumuckl ℗
5:27:31

Hopefully

Trizzle
5:28:12

Holy f****...thats one hell of dump

Lucho Poletti
5:28:58

ur kidding right?

2200$ down 👀

vivek
5:29:12

sorry for loss lol 🤣🤣

vivek
5:29:39
😂
Trizzle
5:30:3
💋
CryptWalkinChris
5:30:6

massive gains b4 that though, from 3k to 14k to 12k

CryptWalkinChris
5:30:32

hopefully some or a lot now flows into us

It's lool like it will recover in few hours lol

CryptWalkinChris
5:32:8

lets see, but it will spark hesitation to btc buyers now i think

Trizzle
5:32:12

Bear trap bear trap bear trap

Trizzle
5:34:53
Egg19
5:38:37

@vivektpaysold his BTC holdings 😁😁

Tim H
5:40:19

Can’t find the answer on your question. Did you receive an answer? Curious for the answer, as I see no reason why people would move to a Dex due to FATF DEX’s are in the same regulation. They simply meet the definition of a virtual service asset provider. With that security coins will have an issue going forward.

TokenBae ℗
5:40:54

Dex are p2p

vivek
5:40:58

i am small fish in pond 😂

Tim H
5:41:9

Yep. No difference there

TokenBae ℗
5:41:55

Fatf ruling has exceptions for one off trades

TokenBae ℗
5:42:4

Cex have custody of coins

TokenBae ℗
5:42:17

Dex users hold their coins

Tim H
5:42:20

Service goes through the Exchange. That’s whay they call it an Exchange.

TokenBae ℗
5:43:3

Dex is just a platform

TokenBae ℗
5:43:13

With p2p exchanges

vivek
5:43:35

if you is online orders fills otherwise no

TokenBae ℗
5:44:47

Yes but there is no third party holding funds

TokenBae ℗
5:45:12

What they gonna do regulate everyone’s eFin wallet transactions to each other?

vivek
5:45:19

yes all safe

Tim H
5:45:55

Do you have any documentation on that? This was not what I heard and read in the EU meeting ‘transcripts’

TokenBae ℗
5:46:23

Give me a moment

TokenBae ℗
5:46:37

It was in the ruling but have to find it again

Tim H
5:47:2

It’s not about holding. This is for all serviceproviders. Dex and cex. You can freely send coins between 2 wallets. Not through a provide, where every exchange is a provider

Tim H
5:47:11

Thanks. Curious

Tim H
5:47:47

?

TokenBae ℗
5:47:52

I’ll take a closer look

Tim H
5:48:0

Thanx

TokenBae ℗
5:48:55

But yea would be nice for@derekcapoto answer

NeeTaW
5:52:2
Photo
NeeTaW
5:52:4

Stake mire

Tim H
5:53:44

Same for privacy(exchange)coins. Not stipulated that much and clear in the meetings, but listening to the lobbyist there is no exception there. It’s all about data collection of transfers between all individuals.

Tim H
6:0:20

Well, Yes. That’s the ultimate goal with this FATF

TokenBae ℗
6:0:32

The FATF’s objective is obviously not to violate the privacy of legitimate users, but to, as they say, “adequately mitigate the money laundering and terrorist financing risks associated with virtual asset activities.” Nevertheless, the new travel rule may have unintended consequences. Applying bank regulations to the crypto industry may drive more people to conduct peer-to-peer (P2P) transactions which lie outside the purview of VASP-controlled platforms, resulting in less transparency—the opposite of the FATF’s stated objective.

TokenBae ℗
6:3:35

I think a definition of what a “VASP” controlled platform is would be nice

Tim H
6:3:55

Yes. P2P. Without a service provider.

Tim H
6:4:5

But let me read the rest

TokenBae ℗
6:6:11

The definition of that is very broad. What service is eFin providing for the p2p transaction? Basically eFin is just a bunch of wallets that execute p2p transactions but eFin itself doesn’t provide any custodial services

Pawan
6:8:11

Hi

Tim H
6:13:53

Difficult to say yes. But without their service, the exchange/wallet-technology you don’t have any p2p. So the service is that they offer the p2p network.

Peacemaker_Gh
6:14:7

Is 1000 tpay enough for me?? I have been able to add to my bag, never thought I could.. waiting patiently 🤑🤑🤑🤑

Tim H
6:14:17

Will read later. Too late. Let’s keep in touch

Egg19
6:17:46

If you can buy more as price is very good at this time

Peacemaker_Gh
6:20:49

Held 720 from ICO just added 300 more

It's enough if you have bought at current price😊 Buy more if you have enough patience to wait

Or wait for products.. so untill they launch products you can buy in batches

Peppe
6:32:15

volume is growing...

Peacemaker_Gh
6:57:3

👍